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Ministry of Finance (Israel)

Ministry of Finance
Israel
משרד האוצר
Israel Ministry of Finance.jpg
Ministry of Finance Headquarters
Agency overview
Formed 1948
Jurisdiction Government of Israel
Headquarters Finance Ministry Building, Jerusalem
31°46′39.72″N 35°12′9.72″E / 31.7777000°N 35.2027000°E / 31.7777000; 35.2027000Coordinates: 31°46′39.72″N 35°12′9.72″E / 31.7777000°N 35.2027000°E / 31.7777000; 35.2027000
Annual budget 1.96 billion NIS
Ministers responsible
Website www.financeisrael.mof.gov.il

The Israeli Ministry of Finance (Hebrew: מִשְׂרַד הַאוֹצָר‎, Misrad HaOtzar) is a part of the Israeli political system. It is responsible for planning and implementing the Government of Israel’s overall economic policy.

The Ministry prepares the draft State Budget and monitors implementation of the approved budget, manages state revenues and collects direct and indirect taxes, manages the deficit and conducts the Government’s economic relations with foreign governments, regulates the capital market, savings and insurance and maintains auxiliary units for government ministries in motor vehicles, computer services, printing and government procurement.

The current Finance Minister is Moshe Kahlon.

The units of the Ministry of Finance may be categorized by the three types of service they provide:


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